TORONTO, ONTARIO--(Marketwired - April 20, 2016) - Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.1257 for each Class A share ($1.5084 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable May 10, 2016 to shareholders on record as of April 29, 2016.

Since inception Class A shareholders have received a total of $14.87 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $6.54 per share inclusive of this distribution, for a combined total of $21.41.

Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.